Philip Morris Bond Reduction Lets Appeal Proceed
Edwardsville AP Philip Morris USA avoids full $12 billion bond by posting $6 billion as an escrow loan plus $800 million and $420 million annual add ons to fund an appeal. The judge orders reduced bond while preserving the $10.1 billion judgment and costs if the appeal fails, aiding states awaiting the 1998 tobacco settlement payment.
MENTIONED IN THIS ARTICLE
Edwardsville
Philip Morris USA
Madison County
Nicholas Byron
Philip Morris
Altria Group
Stephen Tillery
Byron
Tillery
Philip
Charles Price
Oklahoma
Drew Edmondson
National Association of Attorneys General
Michael Szyczyk
Denise Keane
John Mulderiy
George Lombardi
Blagojevich Budget Funds $450 Million in Pork Projects
Gov Rod Blagojevich preserves nearly 450 million for lawmakers pet projects in his new budget while cutting higher education and agency funding. The money is described as rolled over from George Ryan era and is under review by a three member adviser team. Budget aides call the figure negotiable and a placeholder. Legislative leaders warn such initiatives persist despite economic pressures.
MENTIONED IN THIS ARTICLE
Springfield
Rod Blagojevich
Blagojevich
George Ryan
Chicago
Capitol
Department of Commerce and Economic
Opportunity
Laura Hunter
Tom Schafer
Schafer
Gary Hannig
D-Litchfield
Governor fires Ryan aide over state jobs scheme in Illinois
Gov Rod Blagojevich dismissed Diane Ford from the Industrial Commission and urged firing of Civil Service Commission officials Robert Powers and Sarajane Wright. He accused Ford Powers and Wright of masterminding a scheme to swap jobs for 40 Ryan allies, with employees pretending resignations to gain new four year terms, while remaining in place.
MENTIONED IN THIS ARTICLE
Chicago
Rod Blagojevich
George Ryan
Ryan
Diane Ford
Industrial Commission
Blagojevich
Civil Service Commission
Robert Powers
Sarajane Wright
Ford
Powers
Commission
Wright
Power
Governor's Office
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Morris
Heartland Regional
Medical Center
West DeYoung
Marion
Heartlandregional.com
Jon Williams
TNS
Otra
Susan Lichtenstein
Showtime
Home Depot
Reed
Call Now
Mediacom Digital Choice
Mediacom
the Movie Channel
Mediacom Fa
Suiiscr
D.com
Equest. L
Grand Rapids
Showtime Networks Inc
Uwtime
Vanilla Sky
Paramount Pictures
Wat
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